Examples of Registration Default Additional Interest in a sentence
The Registration Default Additional Interest rate on the Notes shall not exceed in the aggregate 0.50% per annum and shall not be payable under more than one clause of Section 4.1 hereof for any given period of time.
These calculations include, but are not limited to, determinations of the Stock Price or Trading Price, the Last Reported Sale Prices per share of Common Stock, the Redemption Price, the Fundamental Change Repurchase Price, the Exchange Price, the Daily VWAPs, the Daily Exchange Values, the Daily Settlement Amounts, accrued interest payable on the Notes (including Additional Interest and Registration Default Additional Interest) and the Exchange Rate of the Notes.
Notwithstanding anything in this Indenture to the contrary, in no event, however, shall Additional Interest accrue on any day (taking into consideration any Additional Interest payable pursuant to Section 6.03(a) above, together with Registration Default Additional Interest payable pursuant to Section 4.06(d)) at a rate in excess of 0.50% per annum, regardless of the number of events or circumstances giving rise to the requirement to pay such Additional Interest.
Reporting; and Registration Default Additional Interest 47 Section 4.07.
Other than the Partnership’s obligation to pay Registration Default Additional Interest in accordance with this Article IV, the Partnership will not have any liability for damages with respect to a Registration Default or other obligations under this Agreement.
If any Note ceases to be outstanding during any period for which Registration Default Additional Interest is accruing (other than as a result of the Holder exercising its exchange rights pursuant to Article 14 of the Indenture), the Partnership will prorate the Registration Default Additional Interest payable with respect to such Note.
Any amounts of Registration Default Additional Interest due pursuant to this Article IV will be payable in arrears on each Interest Payment Date (as defined in the Indenture) following accrual in the same manner as regular interest on the Notes as described in the Indenture and shall be in addition to any remedy relating to the failure to comply with the Partnership’s obligations under Section 4.06(b) of the Indenture.